MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure




  • In Business
  • 2022-09-30 10:41:53Z
  • By CoinDesk
 

Technology company MicroStrategy (MSTR) is looking to recruit a software engineer to build a Lightning Network-based SaaS platform.

The job listing states that the Lightning Network software will provide companies with security and e-commerce solutions. The Lightning Network is a layer 2 scaling solution for Bitcoin, it is designed to increase the speed in which it takes to send and receive payments.

MicroStrategy is one of the largest holders of bitcoin having acquired 130,000 coins ($2.45 billion) since deploying its bitcoin strategy in 2020.

The job listing also states that a new recruit will be tasked with building decentralized finance (DeFi) technologies.

Decentralized finance is a form of lending involving smart contracts that omits the need for brokers or intermediaries, it is typically based on other blockchains like Ethereum, Solana or Binance Smart Chain.

MicroStrategy CEO Michael Saylor, who is often described as a Bitcoin maximalist, has previously been dismissive about other cryptocurrencies like ether (ETH). He labelled ether as a security during a Bitcoin conference in July.

Read more: Bitcoin Maximalist Michael Saylor Makes the Case Against Ethereum

COMMENTS

More Related News

Bitcoin, Ethereum, Dogecoin Dip Along With Stocks as Recession Concerns Loom
Bitcoin, Ethereum, Dogecoin Dip Along With Stocks as Recession Concerns Loom

Bitcoin dropped again today-taking other cryptocurrencies with it-as traders continue to sell risk assets.

US tech layoffs: The good Samaritans helping Indians find jobs
US tech layoffs: The good Samaritans helping Indians find jobs

Tech workers are rallying together to help peers who face having to leave the US after being laid off.

A data-driven duo just raised roughly $350M to fund seed-stage startups with metrics
A data-driven duo just raised roughly $350M to fund seed-stage startups with metrics

Nnamdi Okike and Aaron Holiday trust data over the kind of pattern matching that most VCs swear by. Before launching their venture firm, 645 Ventures, in...

Ethereum change cut cryptocurrency power demand
Ethereum change cut cryptocurrency power demand

Switching systems may have made electricity savings similar to the amount used by Ireland.

Markets: Bitcoin, crypto top 10 retreat with equities on signs of inflation uptick in U.S.
Markets: Bitcoin, crypto top 10 retreat with equities on signs of inflation uptick in U.S.

Bitcoin dipped below US$17,000 in Tuesday morning trading in Asia, as Ether and most other top 10 non-stablecoin cryptocurrencies lost ground.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business